Youngstown Mines Company Scrip, 1 cent (two pieces)

Name/Title

Youngstown Mines Company Scrip, 1 cent (two pieces)

Entry/Object ID

KK.0165

Description

Dehue 763 (Logan) The Youngstown Mine Corp. D1 circular cut-out

Collection

Company Scrip + Tokens

Mintage

Mint

Ingle Schierloh Company

Manufacture Method

Struck

Coin Details

Obverse

Transcription

THE YOUNGSTOWN MINES CORP. / 1 / THE / YMC / CO (surface is nearly unreadable, transcription is from Edkins Catalogue, 2014)

Reverse

Description

Ingle Schierloh logo

Issuing Authority

Ingle Schierloh Company

Currency

Coal Company Scrip

Denomination

1 cent

Dimensions

Diameter

16 mm

Composition

Material

Brass

Provenance

Provenance Detail

Archaeological Find

Notes

One found in Sunbeam, Logan

Exhibition

Life in the Coal Camps

Interpretative Labels

Label Type

Cultural/Historical Context

Label

Company Scrip In most coal operations, miners were not paid in US dollars, but rather in company money, called scrip. Usually scrip was only redeemable at the company store, preventing miners from spending money outside the company town. Although illegal in the state of West Virginia, most coal companies continued to use scrip to pay their miners until the 1950s. collection of Kenneth King